Paris equities closed lower on Tuesday, with the benchmark CAC 40 retreating 0.67% at the end of trading and the broader SBF 120 slipping 0.66%.
The pullback was led by losses in the Healthcare, Consumer Goods and Industrials sectors, which together exerted downward pressure across the market. Decliners outnumbered gainers on the Paris Stock Exchange by 294 to 192, while 80 shares finished unchanged.
Top and bottom movers on the CAC 40
- STMicroelectronics NV (EPA:STMPA) was the session's strongest performer on the CAC 40, rising 4.18% or 1.22 points to end at 30.30. The stock moved up to 52-week highs.
- Publicis Groupe SA (EPA:PUBP) added 1.13% or 0.82 points to close at 73.30.
- Orange SA (EPA:ORAN) gained 0.61% or 0.11 points to finish at 18.00.
- Stellantis NV (EPA:STLAM) was the weakest in the index, falling 3.77% or 0.25 points to 6.33.
- Kering SA (EPA:PRTP) declined 2.83% or 7.50 points to end at 257.75.
- Eurofins Scientific SE (EPA:EUFI) slipped 2.78% or 1.86 points to 65.04.
SBF 120 movers
- Vivendi SA (EPA:VIV) led gains on the SBF 120, rising 9.10% to 2.00.
- Eutelsat Communications SA (EPA:ETL) climbed 5.67% to settle at 2.33.
- STMicroelectronics NV (EPA:STMPA) also ranked among the SBF 120's best performers, up 4.18% to 30.30.
- Worldline SA (EPA:WLN) was the session's heaviest decliner on the SBF 120, down 13.81% to 0.25, marking an all-time low.
- Solutions 30 SE (EPA:S30) lost 7.64% to settle at 0.52, reaching a five-year low.
- Atos SE (EPA:ATOS) fell 7.59% to close at 32.52.
Market breadth and volatility
Falling stocks significantly outpaced advancing issues across the exchange. The CAC 40 VIX, which measures implied volatility for CAC 40 options, was unchanged at 18.96 but recorded a new 52-week high.
Commodities and currencies
Commodity markets showed mixed moves: Gold Futures for June delivery were up 0.02% or 1.10 to $4,685.80 a troy ounce. In energy, crude oil for May delivery rose 1.92% or 2.16 to $114.57 a barrel, while the June Brent contract fell 0.58% or 0.64 to trade at $109.13 a barrel.
On the foreign exchange front, EUR/USD was unchanged at 1.16, showing a 0.29% move, and EUR/GBP was unchanged at 0.87 with a 0.23% move. The US Dollar Index Futures declined 0.11% to 99.69.
Takeaway
Tuesday's session closed with broad weakness in Paris, as sector-level declines in Healthcare, Consumer Goods and Industrials coincided with a majority of stocks retreating. A handful of names bucked the trend, including STMicroelectronics and several smaller-cap gains on the SBF 120, while notable losers fell to multi-year or record lows. Commodity and FX moves were mixed, and implied volatility for the CAC 40 hit a 52-week peak.